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AGP Executive Report

Last update: 9 hours ago

Power & Negotiations: Government officials went silent on Karpowership’s demand for an extra US$3.4M per day to keep supplying electricity, with the company now asking US$0.095/KW versus the original US$0.076/KW. Mining & Investment: Canadian G Mining Ventures’ Oko West Gold project in Region Seven was highlighted as a “next big thing,” citing progress on processing foundations, tailings, power and river logistics, with first gold targeted for late 2027. Oil & Local Content: Sispro’s women-led consortium says it has partnered with Nigeria’s Bono Energy and is ready to sign a PSA with Guyana within days. Energy Security & Compliance: Ghana-based Cybele Energy risks losing its S7 shallow-water block after failing to pay a US$17M signing bonus, with interest now accrued. Aviation Infrastructure: Three firms bid to build CJIA’s air traffic control tower at Timehri, including two Chinese joint ventures and a Guyanese-led JV. Enforcement: GGMC shut down six illegal mining operations in the Mazaruni Mining District, arresting 38 people and seizing equipment. Education & Construction: 13 contractors bid to build a CPCE Centre in Region Two, with bids ranging from $87M to $113M. Region 7 Development: President Ali announced bridge and water-system projects for Region Seven, alongside continued push for Oko West. Local Content Impact: Minister Bharrat says the Local Content law is driving growth beyond oil—boosting opportunities in farming, housing and other services. Offshore Oil Expansion: ExxonMobil applied for environmental authorizations for the Haimara gas project, set to use a new FPSO in the Stabroek Block.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Jun. 1, 2026

Energy Today and QED Connect eye Zijin Mining deal and Colombia expansion

EIN Presswire

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May 26, 2026

Guyana to host Caribbean Energy Week 2027 as regional energy ties deepen

EIN Presswire

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May 28, 2026

Guar gum market seen reaching $2.5B by 2033

EIN Presswire

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May 8, 2026

ZIP.GY launches as Guyana’s first super app

EIN Presswire


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Jun. 2, 2026

Lakeland Fire + Safety Expands Latin American Sales with New Orders in Mexico, Argentina, Ecuador, Guyana and Panama

GlobeNewswire, Inc.

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Jun. 1, 2026

Energy Today (NRGT), QED (QEDN) announced meeting with biggest Chinese Mining company and presidential results Colombia

EIN Presswire

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May 26, 2026

Guyana Confirmed to Host Caribbean Energy Week 2027 as Regional Energy Integration Gains Momentum

EIN Presswire

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May 28, 2026

Guar Gum Market Growth Trends and Industry Forecast 2033

EIN Presswire

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May 25, 2026

G2 Goldfields Announces Filing and Mailing of Meeting Materials in Connection With the Acquisition by G Mining Ventures and Spin-Out With G3 Goldfields

GlobeNewswire, Inc.

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May 20, 2026

VALLOUREC WINS MAJOR LINE PIPE ORDERS FROM EXXONMOBIL IN GUYANA AND INVESTS IN PROXXIMA™ RESIN SYSTEMS WITH GDLX™ SUBSEA INSULATION CAPABILITIES IN BRAZIL

GlobeNewswire, Inc.

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